10 Things That Build Business Value!!
ShareThinking of selling? Expanding? Secure Funding? Retire? Other?
10 Things That Build Business Value!!
1. Establish your brand in the marketplace.
2. Develop your operations manual. Put systems into place that will let your business maintain or grow in your absence.
3. Be vigil in keeping your books current; showing accurate, clearly identified and consistent records. (Remember, besides [...]
5 Product or Service Pricing Tips
Share1. When you have a product basically the same as all of your competitors, it is how you treat your clients that will make you stand out from the crowd. If you do what you do well for them, and go that extra mile in customer service, your clients with actually pay you for the [...]
What Do You Do If You Have a Great Concept But Need Funding?
ShareWhat Do You Do If You Have a Great Concept But Need Funding?
You have a new “Concept” or “Idea”. Congratulations! Now what do you do?
If the acquisition of capital is your primary goal for your business, then let’s take a step back and see what you need to do.
Many entrepreneurs become so excited with [...]
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Did You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
ShareDid You Know – A Business Plan Can Make You Money Whether You Put It Into Action Or Not?
I am often amused when someone claims they don’t need a BP (Business Plan) because they “fly by the seat of their pants”, or “a BP is a waste of time”; then smugly point out they have [...]
5 Basic Steps Defined for Long-Term Profitability
Share5 Basic Steps Defined for Long-Term Profitability
In case you hadn’t noticed, many articles, experts, textbooks, etc. tell you that you are “confused” if you don’t subscribe to their particular definition of business terms. I too have my set of definitions, and because this is my Blog you will find them listed below.
Please understand that my [...]
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2 Kinds of Business Owners – Which Are You
Share2 Kinds of Business Owners – Which Are You?
The first business owner fully understands the numbers required to run a company. He knows to the penny the start-up and general expenses, cost of goods, and the break-even point. He sees the trends and how the customers are responding to the company’s marketing and the employee [...]
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